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US Postal ServiceThis week faces an uncertain future after resignationPostmaster General Louis Dejoyand the proposal by President Donald Trump and Elon Musk, who led the Government Efficiency Department, Postal Servicecan be privatized.
The associations representing postcards, in the idea of privatization, in the protest in the country.
When supporting modernization efforts,Including those initialized by DejoyUnion leaders warned that private corporations will damage individual corporations to operate the US post office, because of 51 million people living in rural areas, especially in the postal service.
“It is a terrible idea for everyone we serve,” the letter of the letter Brian L. Renfroe said during the discussion at the Panel at the National Press Club in Washington on Tuesday.
The next happening may depend on who will be the next postmaster general. This US Postal Service The independent establishment of the executive power that controls the postal service, 76th postmaster General and CEO maintained a global consulting company.
The USPS currently employs 640,000 employees to supply from internal cities to rural areas and even far-sighted islands.
TRUMP and MUSK See to make big changes in USPS
In February,Trump saidSince the 1970s, the executive power that operates as an independent body may put under the control of the US Postal Service under the control of the trade department.
“We want to be a post office that works well and does not lose mass amounts of money,” said Trump trading secretary Howard Lutnick. “We are thinking of doing it. And there will be a form of combination, but it will remain in the postal service and I think it will work better.”
When the event did not say anything about privatization, the president expressed support for the opinion. In December, this facing competition proposed to privatize AmazonUPS, Fedex and others.
“There were many many people. We look at us,” he said.
Meanwhile, Musk said that this month was supported in a technical conference to privatize the postal service this month, “said New York Times,” said, “we must privatize something that can be privatized.”
The postal workers challenge, Americans may lose a favorite service
Under the country, postal workers protest in recent days, a large number of “not selling US” and reads “, not the observation, not to billionaires, not to billionaires, not to people.”
Renfroe, the purpose of the protests said that acute changes were considered for the American community’s postal service.
“Our message: ‘No’ Personal business is interested in doing things that are profitable.”
How did USPS end in such a bad financial situation?
Since the restoration of the restructuring in 1970, USPS has mainly funded. His $ 78.5 billion budget for the Congress Research Service comes from customer fees. Congress provides relatively small annual adversity – about $ 50 million in 2023 in fiscal year – subsidizing free and reduced postal services.
Reduction of a profitable first-class mail and decreases the price of retired benefits, among the problems included in the collected postal service$ 87 billion in the damageFrom 2007 to 2020. To modernize the service, operational and root loss, the 10-year level of Dejoyun reported a $ 144 million. The service said that a $ 2.1 billion net was a loss for the same quarter of last year.
“We increase our competitive position in the shipping market,” said the product portfolio continuously, “said DejoyIn a written statementFiscal February that accompanies the results of the first quarter for 2025.
Union leaders, postmaster general sticks in the middle, they hope to have common rods with the modernization plan and the postal service for the public, including key banking, electric vehicles, and even use for electric vehicles for charging and even census.
“Our network of physical places, retailers … Our delivery network is putting us in one position to do so many different things.”
This story was first displayed Fortune.com
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